A bit of chip history: Taiwan Semiconductor (the current pseudo-monoply in cutting edge processor making) rose as Taiwan the country transitioned from a dictatorship to democracy.
They got state funding, and support for thier business as trade opened up. To simplify, it was like a mix of hyper free-trade capitalism and technocratic command economy/socialism no one on either end of political spectrum would like. And it worked! It’s still working.
The CHIPS act in the US was a baby step in that direction, which (even with Intel’s incredible corporate dysfunction) got me excited.
…And that is basically the opposite of what Trump is proposing.
Basically, take away Intel/Micron/IBM subsidies and tax the shit out of their existing overseas business. And deregulate them instead of directing them.
In other words, drain their capital, and give them free reign to think short term as their manufacturing circles the drain.
To be fair to Trump, most business people do not grasp how indescribably capital/research intense processor manufacturing is. Investment is in the many billions, planning takes decades and is extremely technical, and dependent on economic and research forecasts. They have to be forced to think long term, given truckloads of cash to do it, and not get derailed by quarterly earnings targets and cutting long-term projects on the vine for quick cash.
But still… this is like the worst thing he could have done, IMO.
CHIPS Act. Yet another major Biden win that gets overlooked in favor of shitting on him.
Biden did a lot of great stuff but the USA would rather live in a reality TV show from hell while marching towards authoritarianism apparently. Oh wait, they don’t understand any of that shit because half of them can’t fucking read.
Yes, we all know the most successful economic endeavors are funded by taxpayers. Then leeches come in to steal the profits from the public and useful idiots are all-to-proud to support them.
Just look at how Iceland has the cheapest electricity on the planet; it’s because they built their infrastructure using public money without an incentive to maximize profit.
That’s not what I’m implying.
TSMC would not have thrived if it was purely nationalized, and could have easily collapsed into capitalist hell.
For the processor fab business, specifically, the ideal conditions seem to be some kind of bastardized hybrid. Samsung and China Semi are not far from ‘hybrids’ either, while the corpses of pure extremes (GloFo, Intel, the Soviet’s and modern Russia’s computing efforts, DARPA projects, other pure government efforts and some RISC ones) are littered everywhere.
Intel was heading towards a state-supported hybrid, but apparently not anymore (and is now barreling into capitalist collapse).
The other part of what I’m saying is this does not necessarily apply to, say, the hotel business like Trump is channeling, where short term maneuvering and branding pay off more. Nor engergy generation, which is different too (and probably should be nationalized in such a geothermal-heavy place like Iceland).
In which nation is energy generation not using vast natural resources at huge initial outlay where companies have a boner for monopolising or cartels and exploiting scarcity to drive up prices?
Side note: DARPA’s TCP/IP networky thing seems to have had some future in it!
But, everything is computer.
I’m going to tariff Trump a dollar every time his stupid face pops up in my feeds.
Well that’s entirely the posters fault.
They’re really fanatic in wanting to post every stupid thing he says or does (which is daily).
As if there isn’t any real news out there.Tariffs are paid by the importer so it will just make your feeds more expensive to import to your device.
I know how it works I just wanted to make a joke.
please forgive
I was joking too. 😅
If anyone hasn’t learned how tariffs work by now, they are choosing to be ignorant.
Damn you will become reallyvwealthy dude!
Oh boy, another distraction
Still about the Epstein list? Or is it now about the child abuse pastor?
Either way, Trump is a pedophile who is close friends with several other pedophiles. That’s the important part.
From the bleachers, we watch the Trump shitshow daily. The topic of the show is: “What can Donald Trump still do today to appear even dumber than the day before?”
And he is not disappointing. What’s next? Tariffs for interstate trading? One must admit, this would be a really dumb idea, but it is not outside Trumps grasp.
Looks like we just found our new interstate secretary! Tell us more about these tariffs against California.
Release the Epstein files.
Every time somebody says this it always makes me think of the scientist from the expanse.
We should definitely release those files it would be really helpful.
“There was a button. I pushed it.” Where’s Holden when you need him?
All the dangers they tell us about being over weight and eating like shit, and this mother fucker is still clinging to life like an 80s action hero clings to the underside of a helicopter at the climax of the movie. Come on clogged arteries, do something!
The truth is most human maladies are combination of environment and viruses. The two thing our current administration refuses to do anything about.
Unrelated, welcome to Lemmy.
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In lighter news he’s 78 with congestive heart failure, obvious mental decline, incontinence and obesity
Yea, but he’s also aware of his limited time left. Hence he’s rushing this. Fuck him
He’ll back down from this like everything but what a fucking complete moron
The other 95% of us:
Where are the Trump-Epstein files?
Can’t have files if you don’t have a computer to store them tips forehead
Just tell him computer chips are made of McDonalds and diet coke, several problems will solve themselves shortly after.
1000%, 2500%, 600%, 1500%
anything to not discuss the epstein files, it seems like the effectiveness of tariffs isnt have as much effect as distraction as it should.
'muricans are already getting their Brazilian coffee tariffed, which should make lower quality distractions work better
Yam Tits just heard the term, hence the sudden tariffs.
